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Americans Elect fails to produce a candidate

ELKO, NV - FEBRUARY 03: Supporters stand in front of an American flag before the start of a campaign rally for former Massachusetts Gov. and Republican candidate for president Mitt Romney at the Elko Regional Airport on February 3, 2012 in Elko, Nevada. With one day to go before the Nevada Caucus, Mitt Romney continues to campaign through the state.
Justin Sullivan/Getty Images

(CBS News) Americans Elect, a nonpartisan organization attempting to nominate a third-party presidential candidate, suspended its efforts on Thursday after failing to achieve its goal.

"The primary process for the Americans Elect nomination has come to an end," the organization said in a statement. The reason? "No candidate achieved the national support threshold required to enter the Americans Elect Online Convention in June."

Americans Elect, which raised tens of millions of dollars and created a national online primary voting system, required known candidates to collect the signatures of 1,000 people in ten states. Former Louisiana Governor Buddy Roemer, who sought the Republican Party nomination but dropped out after failing to gain traction, is among those who attempted to get on the Americans Elect ticket.

The organization achieved ballot access in over half of the states, no small feat as third parties must spend a great deal of time and resources ensuring they are on the ballot. (The Green Party has access on less than two dozen states. The Libertarian Party has achieved access on all states but a handful.)

"We are continuing the Americans Elect mission of creating more choice in our political system, giving candidates unaffiliated with the nominating process of either major party an authentic way to run for office and giving the American people a greater voice in our political process," Americans Elect said in a statement.